Please study the 15 vocabulary below and press the Mark Complete button to continue.
- appraisal
- a formal assessment meeting between management and an employee to discuss their performance at work
- bonus
- an amount of money paid to an employee on top of their salary
- commission
- an amount of money paid to an employee for selling something
- cut
- a reduction or decrease
- face
- to encounter or confront
- incentive
- a reason to work harder or more effectively
- increment
- something added or gained by a regular amount
- minimum wage
- the lowest amount of payment which a worker can receive by law
- motivate
- to give someone a reason for doing something
- overtime
- time spent working which exceeds your contracted time
- pension
- the money which a person receives after they retire
- perk
- a non-cash benefit
- praise
- written or spoken approval or compliments
- recognize
- to acknowledge with a show of appreciation
- severance package
- monies or other benefits which are given to an employee who has been dismissed
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During Martin's appraisal he asked for an increase in his salary.
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Traditionally, small companies paid bonuses once a year before Christmas.
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Salesmen receive a 5% commission on all sales.
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Due to poor financial performance the company is considering pay cuts.
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The company is facing its greatest challenge.
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He was attracted to the job partly because of the salary but also because of the excellent incentive scheme.
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The starting salary was 22,000 with increments of 2.5%.
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Tips are important for waiting staff as they are often on minimum wage.
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The company used incentives and bonuses to motivate their staff to work harder.
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His wife was fed up with him working overtime every night.
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Mary is looking forward to her retirement but she is also worried that her pension will not be as high as she had hoped.
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The company offers excellent perks to its staff including a company car and gym membership.
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Andre was annoyed that he didn’t get a pay rise even though he received praise from his supervisor.
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The award recognizes Georges’ hard work and dedication.
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When the company closed all staff received generous severance packages.